In GlobalPost, Kathleen McLaughlin writes about a home-grown incarnation of Wikileaks in Wenzhou, which has shrugged off attempts at censorship to detail the local effects of the credit squeeze plaguing private enterprises in China:
The site has played host to just about every dramatic detail of the credit collapse; some of it very true, though much of it speculation. It has also become an essential tip sheet in tracing what went wrong with Wenzhou’s private lending system